Each year, Americans commemorate Presidents Day on the third Monday in February, a tradition dating back to 1879. Initially established to honor George Washington, the nation’s first president, this federal holiday has since evolved to recognize all U.S. presidents and their contributions to the country.
In 2026, Presidents Day falls on Monday, February 16. Across the nation, cities and towns will celebrate with a variety of special events. Retailers often capitalize on the long weekend, introducing special sales and promotions aimed at consumers during this festive time. As it is a federal holiday, most schools, government offices, and businesses will close in observance.
A common query surrounding this holiday pertains to the status of financial institutions. Are banks open on Presidents Day? Understanding bank hours is crucial for those needing to make deposits, withdrawals, or conduct other financial transactions during the holiday.
For Presidents Day 2026, the majority of banks will close their doors on Monday, February 16, similar to government agencies and educational institutions. Consequently, customers will generally be unable to visit bank branches, although automated teller machine (ATM) transactions will remain available. Any deposits or withdrawals initiated will not be processed until the next business day, which is Tuesday, February 17.
Notably, while most banks and credit unions will observe the holiday, TD Bank is one exception, remaining open for regular business. Customers looking for easier access can check local branch hours using the TD locator tool available online.
In tandem with banks, the U.S. stock market will be closed on Presidents Day. Trading will pause on February 16 and resume the following day, Tuesday at 9:30 a.m. ET.
For those planning ahead, the following banks will be closed on Presidents Day 2026:
– Bank of America
– Chase
– Citibank
– Capital One
– M&T Bank
– PNC Bank
– Santander Bank
– Truist
– Wells Fargo
Looking further into the calendar, there are 11 federal bank holidays each year, providing additional closure days for banks. For 2026, the remaining holidays include:
– Memorial Day — Monday, May 25
– Juneteenth — Friday, June 19
– Independence Day — Friday, July 3 (Observed)
– Labor Day — Monday, September 7
– Columbus Day (Indigenous Peoples’ Day) — Monday, October 12
– Veterans Day — Wednesday, November 11
– Thanksgiving Day — Thursday, November 26
– Christmas Day — Friday, December 25
As the nation gears up for Presidents Day, understanding the implications for banking and financial transactions is essential for effective planning.
